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  1. 1. The Internet Of Things
  2. 2. According to the Word Economic Forum ” We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before”
  3. 3. 1st 1760s 2nd 1870s 3rd 1960s 4th NOW Steam engine Mechanization Electricity Mass production Computers Automation Internet Hyper-connectivity INDUSTRIAL REVOLUTIONS Revolutions have triggered profound changes in economic systems and social structures.
  4. 4. momentous change age of accelerations profound and systemic change INDUSTRIAL REVOLUTIONS
  5. 5. Technologies Driving Artificial Intelligence (AI) Data Analytics Quantum computations Biotechnology Robotics Virtual reality Blockchain Internet of Things (IoT)
  6. 6. What is Internet of Things?
  7. 7. How Does This Impact You?
  8. 8. How Does This Impact You?
  9. 9. IoT-based Smart Farming Utilize wireless IoT applications to collect data regarding the location, well-being, and health of their livestock Monitor pregnant cows: • Sensor powered by battery is expelled when its water breaks. • This sends an information via the Internet to the rancher.
  10. 10. IoT for the Elderly • With a built-in accelerometer that automatically detects falls • Medication reminder • With a GPS, which allows an emergency operator to locate and provide directions to the individual.
  11. 11. HAPIfork http://www.hapi.com/products- hapifork.asp The HAPIfork is an electronic fork that helps you monitor and track your eating habits. It also alerts you with the help of indicator lights and gentle vibrations when you are eating too fast.
  12. 12. MyVessyl Cup https://www.myvessyl.com/ It can hold 13 ounces of liquid. The battery takes 60 minutes to fully charge and will last for 5-7 days. Also has wire-free charging.
  13. 13. Smart Tooth Brush http://www.beamtoothbrush.com/toothbrush/ The Beam Brush is a connected toothbrush that engages users with their daily hygiene routine.
  14. 14. Smart Egg Tray Egg Minder syncs with your smartphone to tell you how many eggs you’ve got at home (up to 14 eggs) and when they’re going bad. http://www.quirky.com/shop/619
  15. 15. IoT business opportunities
  16. 16. IoT − Advantages • Improved Customer Engagement – Current analytics suffer from blind-spots and significant flaws in accuracy; and as noted, engagement remains passive. IoT completely transforms this to achieve richer and more effective engagement with audiences.
  17. 17. IoT − Advantages Technology Optimization – The same technologies and data which improve the customer experience also improve device use, and aid in more potent improvements to technology. IoT unlocks a world of critical functional and field data.
  18. 18. IoT − Advantages • Reduced Waste – IoT makes areas of improvement clear. Current analytics give us superficial insight, but IoT provides real-world information leading to more effective management of resources.
  19. 19. IoT − Advantages • Enhanced Data Collection – Modern data collection suffers from its limitations and its design for passive use. IoT breaks it out of those spaces, and places it exactly where humans really want to go to analyze our world. It allows an accurate picture of everything.
  20. 20. IoT − Disadvantages • Security – IoT creates an ecosystem of constantly connected devices communicating over networks. The system offers little control despite any security measures. This leaves users exposed to various kinds of attackers.
  21. 21. IoT − Disadvantages • Privacy – The sophistication of IoT provides substantial personal data in extreme detail without the user's active participation.
  22. 22. IoT − Disadvantages • Complexity – Some find IoT systems complicated in terms of design, deployment, and maintenance given their use of multiple technologies and a large set of new enabling technologies.
  23. 23. IoT − Disadvantages • Compliance – IoT, like any other technology in the realm of business, must comply with regulations. Its complexity makes the issue of compliance seem incredibly challenging when many consider standard software compliance a battle.
  24. 24. Securing IoT Devices Authentication – IoT devices connecting to the network create a trust relationship, based on validated identity through mechanisms such as: passwords, tokens, biometrics, RFID, X.509 digital certificate, shared secret, or endpoint MAC address. Authorization – a trust relationship is established based on authentication and authorisation of a device that determines what information can be accessed and shared. Network Enforced Policy – controls all elements that route and transport endpoint traffic securely over the network through established security protocols. Secure Analytics: Visibility and Control – provides reconnaissance, threat detection, and threat mitigation for all elements that aggregate and correlate information.
  25. 25. Introduction – what is IoT?  The Internet of things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers ( UIDs ) and the ability to transfer data over a network without requiring human-to- human or human-to-computer interaction - IoTAgenda  A thing in the IoT can be a person with a heart monitor implant, a farm animal with a biochip transponder, an automobile that has built-in sensors to alert the driver when tire pressure is low or any other natural or man-made object that can be assigned an IP address and is able to transfer data over a network.  IoT is a sensor network of billions of smart devices that connect people, systems and other applications to collect and share data. IoT things presentation - Davis M Onsakia 25
  26. 26. Introduction – cont’d  IoT is a concept of connecting any device with an on and off switch to the Internet (and/or to each other). This includes everything from cellphones, coffee makers, washing machines, headphones, lamps, wearable devices and almost anything else you can think of. This also applies to components of machines, for example a jet engine of an airplane or the drill of an oil rig – Forbes.  The IoT is a giant network of connected "things" (which also includes people). The relationship will be between people-people, people-things, and things-things.  The dominant consumer IoT device, worldwide, is the smart TV. Between 25-35% cent of consumers worldwide own a television that can connect to the Internet, according to a Deloitte research. However, other areas of the IoT market are growing rapidly. IoT things presentation - Davis M Onsakia 26
  27. 27. Why IOT?  Organizations in a variety of industries are using IoT to operate more efficiently, better understand customers to deliver enhanced customer service, improve decision- making and increase the value of the business. IoT things presentation - Davis M Onsakia 27
  28. 28. IoT ecoystem  An IoT ecosystem consists of web-enabled smart devices that use embedded processors, sensors and communication hardware to collect, send and act on data they acquire from their environments.  IoT devices share the sensor data they collect by connecting to an IoT gateway or other edge device where data is either sent to the cloud to be analyzed or analyzed locally. IoT things presentation - Davis M Onsakia 28
  29. 29. Top 10 Strategic IoT Technologies and Trends - GARTNER 1) Trend No. 1: Artificial Intelligence (AI): “Data is the fuel that powers the IoT and the organization’s ability to derive meaning from it will define their long term success.” 2) Trend No. 2: Social, Legal and Ethical IoT: These include ownership of data and the deductions made from it, algorithmic bias, privacy and compliance with regulations such as the General Data Protection Regulation. “Successful deployment of an IoT solution demands that it’s not just technically effective but also socially acceptable.” 3) Trend No. 3: Infonomics and Data Broking: The theory of infonomics takes monetization of data further by seeing it as a strategic business asset to be recorded in the company accounts. By 2023, the buying and selling of IoT data will become an essential part of many IoT systems. IoT things presentation - Davis M Onsakia 29
  30. 30. Top 10 Strategic IoT Technologies and Trends – GARTNER (cont’d) 4) Trend No. 4: The Shift from Intelligent Edge to Intelligent Mesh: The shift from centralized and cloud to edge architectures is well under way in the IoT space. These mesh architectures will enable more flexible, intelligent and responsive IoT systems — although often at the cost of additional complexities. 5) Trend No. 5: IoT Governance: As the IoT continues to expand, the need for a governance framework that ensures appropriate behaviour in the creation, storage, use and deletion of information related to IoT projects will become increasingly important. 6) Trend No. 6: Sensor Innovation: The sensor market will evolve continuously through 2023. New sensors will enable a wider range of situations and events to be detected. IoT things presentation - Davis M Onsakia 30
  31. 31. Top 10 Strategic IoT Technologies and Trends – GARTNER (cont’d) 7) Trend No. 7: Trusted Hardware and Operating System: ‘.. by 2023, we expect to see the deployment of hardware and software combinations that together create more trustworthy and secure IoT systems…’. 8) Trend 8: Novel IoT User Experiences: User experience driven by 4 factors: new sensors, new algorithms, new experience architectures and context, and socially aware experiences. 9) Trend No. 9: Silicon Chip Innovation: By 2023, it’s expected that new special-purpose chips will reduce the power consumption required to run IoT devices. 10) Trend No. 10: New Wireless Networking Technologies for IoT: IoT networking involves balancing a set of competing requirements. In particular they should explore 5G, the forthcoming generation of low earth orbit satellites, and backscatter networks. IoT things presentation - Davis M Onsakia 31
  32. 32. Benefits of IoT IoT offers a number of benefits to organizations, enabling them to: 1. Monitor their overall business processes; 2. Improve the customer experience; 3. Save time and money; 4. Enhance employee productivity; 5. Integrate and adapt business models; 6. Make better business decisions; and 7. Generate more revenue. IoT things presentation - Davis M Onsakia 32
  33. 33. Consumer and enterprise IoT applications Source: https://internetoft hingsagenda.techt arget.com/definiti on/Internet-of- Things-IoT IoT things presentation - Davis M Onsakia 33
  34. 34. The smart world of the future – using Iot Source: https://www.forbe s.com/sites/jacob morgan/2014/05/1 3/simple- explanation- internet-things- that-anyone-can- understand/#ef24 33f1d091 IoT things presentation - Davis M Onsakia 34
  35. 35. Sample: consumer iot products & Services 1. Helmet Concussion Sensor 2. Medical Alert Watch 3. Smart Fitness Clothing and Smart Running Shoes 4. One-Button Product Purchases: “Order at the click of a button!” Amazon has taken that phrase literally and produced physical branded buttons called Amazon Dash that link to products in your home. Say you run out of laundry powder. You can press your Dash button for Tide and Amazon will reorder your Tide Powder product for you. No need to sign onto the Web, fumble with payment methods, or retype credit card numbers. 5. Garden Sensors 6. Smart Televisions IoT things presentation - Davis M Onsakia 35
  36. 36. Helmet concussion sensor https://www.amazon.com/Sh ockbox-LM2004-EXT- MultiSport-Helmet- Sensor/dp/B00DVHA1LM?im prToken=NXcTrCppNfgrAo2 MA1K7ig&slotNum=2&Subs criptionId=AKIAIO22DD3AF USKXUKQ&tag=makeusw- 20&linkCode=xm2&camp=2 025&creative=165953&creati veASIN=B00DVHA1LM IoT things presentation - Davis M Onsakia 36
  37. 37. Amazon DASH https://www.a mazon.com/b ?ie=UTF8&no de=17729534 011 IoT things presentation - Davis M Onsakia 37
  38. 38. Kinsa thermometer Monitoring your temperature and can call your doctor as necessary IoT things presentation - Davis M Onsakia 38
  39. 39. Connected car story IoT things presentation - Davis M Onsakia 39 Source: https://www.businessinsider.com/connecte d-car-statistics-manufacturers-2015-2?IR=T The connected car is equipped with internet connections and software that allow people to stream music, look up movie times, be alerted of traffic and weather conditions, and even power driving-assistance services such as self-parking.
  40. 40. Smart farming: Use of iot to improve agriculture  In IoT-based smart farming, a system is built for monitoring the crop field with the help of sensors (light, humidity, temperature, soil moisture, etc.) and automating the irrigation system. The farmers can monitor the field conditions from anywhere. This is highly efficient compared to the traditional/conventional approach.  In terms of environmental issues, IoT-based smart farming provides great benefits including: better and efficient water usage, and optimization of inputs and treatments.  Therefore, smart farming based on IoT technologies enables growers and farmers to reduce waste and enhance productivity.  Some of the IoT applications in this area are: i. Precision farming ii. Agricultural drones iii. Livestock monitoring iv. Smart greenhouses IoT things presentation - Davis M Onsakia 40
  41. 41. Industrial Iot (iiot)  Industrial IoT (IIoT) focusses on the use of cyber- physical systems to monitor the physical factory processes and make data-based automated decisions.  While the physical systems are made the intelligent using IoT, the real-time communication, and cooperation both with each other and with humans is established via the wireless web  IIoT brings in the concept of ‘a connected factory leads to a smart factory’. IoT things presentation - Davis M Onsakia 41
  42. 42. Iiot in manufacturing 1. Digital/connected factory: IoT enabled machinery can transmit operational information to the partners like original equipment manufacturers and to field engineers. 2. Facility management: The use of IoT sensors in manufacturing equipment enables condition-based maintenance alerts. 3. Production flow monitoring: IoT in manufacturing can enable the monitoring of production lines starting from the refining process down to the packaging of final products. 4. Inventory management: IoT applications permit the monitoring of events across a supply chain. IoT things presentation - Davis M Onsakia 42
  43. 43. Iiot in manufacturing (cont’d) 5. Plant Safety and Security: IoT combined big data analysis can improve the overall workers’ safety and security in the plant. . 6. Quality control: IoT sensors collect aggregate product data and other third-party syndicated data from various stages of a product cycle. 7. Packaging Optimization: By using IoT sensors in products and/or packaging, manufacturers can gain insights into the usage patterns and handling of product from multiple customers. 8. Logistics and Supply Chain Optimization: The Industrial IoT (IIoT) can provide access to real-time supply chain information by tracking materials, equipment, and products as they move through the supply chain. IoT things presentation - Davis M Onsakia 43
  44. 44. IOT CHALLENGES Security, privacy and data sharing issues  Because IoT devices are closely connected, all a hacker has to do is exploit one vulnerability to manipulate all the data, rendering it unusable. And manufacturers that don't update their devices regularly -- or at all -- leave them vulnerable to cybercriminals.  However, hackers aren't the only threat to the internet of things; privacy is another major concern for IoT users. For instance, companies that make and distribute consumer IoT devices could use those devices to obtain and sell users' personal data.  Challenges with IIoT: i. Security of data – same as above ii. Reliability and stability – of IIoT sensors iii. Connectivity of all the systems in IIoT setup – no maintenance envisioned? iv. Blending legacy systems – IIoT is new in the market IoT things presentation - Davis M Onsakia 44
  45. 45. What NEEDS TO be done? 1. Consumer education 2. Product reviews and comparisons 3. Vulnerability disclosure and vulnerability markets 4. Self-certification and voluntary codes of practice 5. Trust marks and labels like Internet Society’s Online Trust Alliance (OTA) IoT Trust Framework 6. Government initiatives 7. Mandated security requirements 8. Mandated certification 9. Liability reform 10. Etc. 11. No intervention!? IoT things presentation - Davis M Onsakia 45
  46. 46. The future of iot  Bain & Company expects annual IoT revenue of hardware and software to exceed $450 billion by 2020.  McKinsey & Company estimates IoT will have an $11.1 trillion impact by 2025.  IHS Markit believes the number of connected IoT devices will increase 12% annually to reach 125 billion in 2030.  Gartner assesses that 20.8 billion connected things will be in use by 2020, with total spend on IoT devices and services to reach $3.7 trillion in 2021.  By 2023, the average CIO will be responsible for more than three times as many endpoints as this year – Gartner  Garter forecasts that worldwide IoT Security Spending will be 3.11 billion by 2021 largely driven by regulatory compliance.  Great improvements in the security of IoT devices driven by manufacturers’ own initiatives as well users’ demand for better secure devices.  Global manufacturers will use analytics data recorded from connected devices to analyze processes and identify optimization possibilities, according to IDC and SAP.  Business Insider forecasts that by 2020, 75 percent of new cars will come with built- in IoT connectivity. IoT things presentation - Davis M Onsakia 46